Prediction Markets
February 11, 2026
Kalshi Says It Took in $1.2B in Trades on the Super Bowl
At a time when the American Gaming Association optimistically projected around $1.76 billion in sports bets placed on the Super Bowl, Kalshi – a major prediction market platform – has completely exceeded expectations, once again reaffirming its position in the mainstream carried by sports fans. The platform said that it registered a 2,700% increase in […]
Prediction Markets
February 11, 2026
NCPG Asks Prediction Markets to Highlight National Gambling Helpline
The National Council on Problem Gambling (NCPG) has asked prediction market operators who serve US customers to highlight the National Problem Gambling Helpline. The NCPG warns that these platforms carry risks like traditional betting products. Prediction Market Growth Raises Gambling Harm Concerns, NCPG Warns On February 9, the nonprofit’s board of directors passed a resolution. […]
Prediction Markets
February 10, 2026
Polymarket Takes Massachusetts to Court Over Limits on Sports Contracts
Polymarket is suing Massachusetts to stop the state from limiting its sports prediction markets. This legal battle comes as regulators crack down, already forcing Kalshi, a competitor, to block Massachusetts users. Legal Fight Looms as Polymarket Moves to Block Massachusetts Enforcement On Monday, Polymarket filed a lawsuit in the US District Court for the District […]
Prediction Markets
February 9, 2026
Kalshi Enjoys Super Bowl Boom as Massachusetts Ban Looms Closer
The Super Bowl weekend brought Kalshi massive success, even as a court ruling in Massachusetts threatened to shut down its sports offerings in the state. While state regulators prepare to enforce their restrictions, traders poured nearly a billion dollars into Kalshi’s Super Bowl markets. It is unclear whether the platform’s success will impact its ongoing […]
Prediction Markets
February 9, 2026
Sporttrade Seeks Federal Approval to Enter the Prediction Markets Scene
Sporttrade filed documents with the Commodity Futures Trading Commission (CFTC) to seek designation as a contract market (DCM), meaning that if approved, the company would gain the same status as prediction markets like Kalshi and Polymarket. Sporttrade Makes Bold Move Towards Prediction Markets The prediction market industry has seen rapid growth over the past year, […]
Prediction Markets
February 9, 2026
ACMA Hounds Prediction Markets, Says They Are Illegal Gambling
The Australian Communications and Media Authority (ACMA) is now set to treat prediction markets as illegal gambling, following in the footsteps of multiple jurisdictions around the globe. The information, obtained by media outlet Crikey, indicates that ACMA investigated Polymarket, one of the world’s best-known and most prominent such marketplaces. ACMA Confirms Polymarket Is a Form […]
Prediction Markets
February 9, 2026
DraftKings Launches Yes/No Prediction Markets on NFL, NBA Players
After severing ties with the American Gaming Association over disagreement on whether prediction markets constitute gambling, and specifically whether sports event contracts encroached on regulated sports gambling markets, DraftKings is now moving further afield in the sector with the launch of event contracts on player-based outcomes. Expanding Prediction Markets Offering with Sports-Inspired Options Teaming up […]
Prediction Markets
February 9, 2026
Giannis Antetokounmpo Invests in Kalshi, Gives Vote of Confidence
Prediction markets are surging in popularity, with Kalshi, Polymarket, and Crypto.com seeming determined to remain in the United States while expanding their sports event contracts. Legal pushbacks in Nevada and elsewhere have not been enough to depress consumer interest, nor, it appears, investment from popular sports figures. The latest to join Kalshi as an investor […]
Prediction Markets
February 9, 2026
Kalshi App Gains Ground on Sportsbooks Before Super Bowl
A newcomer to the sports betting scene has jumped into the limelight right before the year’s biggest game. Kalshi, a small-time player next to big-name sportsbooks, saw a big jump in people downloading its mobile app in January. It was ahead of well-known brands like DraftKings and FanDuel as the Super Bowl got closer. Kalshi […]
Prediction Markets
February 6, 2026
NFL Takes U-Turn as It Warms Up to Prediction Markets
The NFL, which staunchly rejected prediction markets, is now seemingly warming up to the idea, at least according to one of its top dogs. The same person, who previously said that he was troubled by event contracts’ existence, is now curious about their long-term potential as a “fan engagement tool.” NFL Representative Says Event Contracts […]
